you could that trickle down to the economy? >> when you talk about small businesses and how they'll be impacted by the sequester cuts you have to kind of take into consideration that there are 20 to 30 million small businesses. so people that are doing work in certain areas, certain regions or certain industries that might be affected by a government cutback, those people will be affected, but if you're a small business owner and the accountant and the lawyer, even, a lot of them aren't going to be seeing a whole lot of effect of any cuts coming out. >> let's take a look at what the white house had to say about that. they say, quote, the automatic cuts triggered by a sequester would reduce loan guarantees to small businesses by up to $102 million. what do you have to say about that effect? >> it could reduce loan guarantees and that's exactly right expect and that depends on small businesses looking for loans. we're still in a credit crunch right now. a lot of the businesses that i know and i write about that a lot of my client